- VELTA innovate in #DeFi by allowing people to borrow with its DeFi collateral to buy their own property in real world,via its longterm #lending protocol with controled liquidation risk. - Velta with its financial and legal expertise,in innovating and offering for the first time in blockchain history longterm #real-estate financing up to 25 years. - The financings provided by the VELTA DeFi platform operate in the same way as traditional amortizing loans. - DeFi,or decentralized finance,is a system that allows for financial transactions without going through intermediaries,such as banks. - Borrowers must deposit collateral on the VELTA DeFi platform,which is used to repay the loan in case of default. - Lenders,on the other hand,receive interest on the amounts lent..
Summary of the coin VELTA Token
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